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EEHC contracts Elsewedy Electric to construct EGP 3.6 bn power lines connecting Dabaa plant to national grid
Elsewedy Electric lands EGP 3.6 bn power lines contract for Dabaa nuke plant? The Egyptian Electricity Holding Company (EEHC) has…
Investors to move into Egyptian equities, Kitchen says
Egypt is going to move away from the carry trade and increasingly into equities, EFG Hermes Head of Macro Strategy…
Ibnsina confident antitrust fine will be overturned
Ibnsina Pharma’s sales practices did not break competition rules, the company’s Co-CEO Omar Abdel Gawad told Bloomberg. His comments followed…
B Investments to complete EGX listing this month, Farid sees as many as seven IPOs this year
IPO WATCH- The EGX is looking forward to as many as seven IPOs in 2018, Chairman Mohamed Farid told Bloomberg…
Finance Minister presents initial outline for FY2018/19 state budget
The Finance Ministry is targeting a budget deficit of between 8.5 and 8.8% of GDP in FY2018-19, according to an…
New orders grow, appetite from EU improving, but PMI reading still below below 50 in February
Total new orders for Egypt’s non-oil private sector returned to expansion and new export business witnessed an uptick in February,…
Egypt commits 1,000 sq km of land in Sinai for NEOM
NEOM is getting 1,000 sq km in Sinai: Egypt has committed more than 1,000 sq km of land in South…
Arqaam in fourth on February’s brokerage league tables
CORRECTION- Arqaam Securities came in fourth on the brokerage league tables for February with a 5.6% market share. Pharos Securities…
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